Crude yield drops to 6-year low
China’s crude oil output dropped to the lowest in more than six years as the country’s State-run energy giants continued topumpless from aging, high-cost fields. Production during August in the world’s biggest energy consumer dropped 9.9 percent from a year ago to 16.45 millionmetric tons, according to data from theNational Bureau of Statistics on Tuesday. projects, while CRC will use the rest for debt restructuring, theNational Development and Reform Commission said in the statement posted on the website of the China Central Depository & Clearing Co on Tuesday. of the General Administration of Quality Supervision, Inspection and Quarantine.